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Finnish (OMX) Medical Equipment Industry Analysis
UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies6
- 7D-0.6%
- 3M-16.8%
- 1Y-29.1%
- YTD-17.6%
Over the last 7 days, the Medical Equipment industry has dropped 1.1%, driven by pullbacks in Biohit Oyj and Optomed Oyj of 9.9% and 6.4%, respectively. However, the industry is down 29% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 23 Feb 2026 | €736.3m | €164.7m | €8.6m | 21.6x | 86x | 4.5x |
| Wed, 21 Jan 2026 | €831.8m | €163.0m | €10.1m | 25.9x | 82.1x | 5.1x |
| Fri, 19 Dec 2025 | €885.7m | €163.0m | €10.1m | 27.9x | 87.5x | 5.4x |
| Sun, 16 Nov 2025 | €922.3m | €163.0m | €10.1m | 27.9x | 91.1x | 5.7x |
| Tue, 14 Oct 2025 | €966.3m | €158.3m | €8.9m | 27.4x | 108.1x | 6.1x |
| Thu, 11 Sep 2025 | €946.0m | €158.3m | €8.9m | 27.1x | 105.8x | 6x |
| Sat, 09 Aug 2025 | €979.2m | €156.0m | €7.5m | 27.5x | 130.7x | 6.3x |
| Mon, 07 Jul 2025 | €1.1b | €154.7m | €8.6m | 28.3x | 125.8x | 7x |
| Wed, 04 Jun 2025 | €1.0b | €154.7m | €8.6m | 27.5x | 116.9x | 6.5x |
| Fri, 02 May 2025 | €1.0b | €154.0m | €9.1m | 27.3x | 111.7x | 6.6x |
| Sun, 30 Mar 2025 | €981.8m | €150.9m | €8.3m | 27.2x | 118.6x | 6.5x |
| Tue, 25 Feb 2025 | €1.0b | €149.1m | €4.1m | 27.7x | 248.7x | 6.8x |
| Thu, 23 Jan 2025 | €1.1b | €146.0m | €3.2m | 34.5x | 342.8x | 7.5x |
| Sat, 21 Dec 2024 | €970.5m | €146.0m | €3.2m | 29.3x | 305x | 6.6x |
| Mon, 18 Nov 2024 | €1.0b | €146.0m | €3.2m | 31.7x | 318.6x | 6.9x |
| Wed, 16 Oct 2024 | €1.1b | €145.0m | €3.4m | 33.2x | 325.4x | 7.7x |
| Fri, 13 Sep 2024 | €1.2b | €145.0m | €3.4m | 33.7x | 343.9x | 8.1x |
| Sun, 11 Aug 2024 | €1.1b | €144.6m | €2.9m | 31.1x | 369.1x | 7.4x |
| Tue, 09 Jul 2024 | €1.0b | €140.7m | €2.7m | 28.7x | 380.8x | 7.2x |
| Thu, 06 Jun 2024 | €1.0b | €140.7m | €2.7m | 28.3x | 381.3x | 7.2x |
| Sat, 04 May 2024 | €929.1m | €140.6m | €2.6m | 27.2x | 357.7x | 6.6x |
| Mon, 01 Apr 2024 | €888.9m | €140.9m | €3.3m | 25.9x | 266.9x | 6.3x |
| Wed, 28 Feb 2024 | €891.4m | €140.0m | €1.4m | 26.1x | 658.8x | 6.4x |
| Fri, 26 Jan 2024 | €885.9m | €138.1m | €3.0m | 32.4x | 296.5x | 6.4x |
| Sun, 24 Dec 2023 | €918.3m | €138.1m | €3.0m | 33.4x | 307.3x | 6.6x |
| Tue, 21 Nov 2023 | €832.9m | €138.1m | €3.0m | 31.3x | 278.7x | 6x |
| Thu, 19 Oct 2023 | €746.1m | €139.8m | €3.7m | 27.5x | 204.3x | 5.3x |
| Sat, 16 Sep 2023 | €815.4m | €139.8m | €3.7m | 28.5x | 223.3x | 5.8x |
| Mon, 14 Aug 2023 | €878.9m | €142.7m | €7.8m | 28.6x | 113.2x | 6.2x |
| Wed, 12 Jul 2023 | €1.1b | €144.5m | €9.3m | 38x | 113x | 7.3x |
| Fri, 09 Jun 2023 | €1.1b | €144.5m | €9.3m | 39.9x | 117.1x | 7.6x |
| Sun, 07 May 2023 | €1.2b | €144.5m | €9.3m | 45x | 130.9x | 8.5x |
| Tue, 04 Apr 2023 | €1.3b | €141.2m | €9.6m | 45.6x | 132.7x | 9.1x |
| Thu, 02 Mar 2023 | €1.2b | €143.3m | €8.8m | 42.6x | 137.2x | 8.4x |
Price to Earnings Ratio
137.2x
Current Industry PE
- Investors are pessimistic on the Finnish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 86.0x which is lower than its 3-year average PE of 211x.
- The 3-year average PS ratio of 6.7x is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Finnish Healthcare industry?
| FI Market | 2.94% | |
| Healthcare | 0.95% | |
| Medical Equipment | -0.56% | |
| Medical Equipment | -0.56% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 211x.
- Analysts are expecting annual earnings growth of 28.8%, which is higher than its past year's earnings decline of 0.4% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 211x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 0.4% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 29% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REG1V Revenio Group Oyj | €18.60 | 1.6% +€8.0m | -30.0% | PE28.4x | |
| MODU Modulight Oyj | €1.18 | 3.7% +€1.8m | 2.8% | PS4.9x | |
| BRETEC Bioretec Oy | €0.31 | 14.3% +€1.2m | -87.8% | n/a |